Wall Street-backed companies and hedge funds owning over 13,000 homes in Clark County are blamed for driving up property prices and causing rent hikes, leaving tenants vulnerable. The housing crisis in Phoenix, a battleground state, is causing economic anxiety due to a dire shortage of affordable housing. Residents struggle to find affordable homes in safe neighborhoods despite having good jobs, leading to frustration and economic challenges. The issue is exacerbated by investors buying properties and the ban on local Airbnb regulation.
Why isn't there any affordable housing in Las Vegas? Here's a big part of the answer https://t.co/Zkn56qNBZ5 #8NN
Why It’s So Expensive to Live in Phoenix Arizona is a presidential elect https://t.co/XJlukC4q2q https://t.co/XVC1JNbS6Z
Lengthy NY Times story on exorbitant home values and rents in Phoenix doesn't even touch on the main reason why housing in the Phoenix valley has become unaffordable: "investors" buying up properties, AirB&B and the state's preemption law banning local AirB&B regulation. https://t.co/QIHVXnaVjj
Why It’s So Expensive to Live in Phoenix Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters. https://t.co/5nioaZ4rqA
Why it’s so expensive to live in Phoenix. https://t.co/dpxsxWXVq8
It is now almost impossible to find an affordable home in a safe neighborhood in Phoenix anymore. Alexandra McDaniel & her fiance have been searching for nearly a year, “We have great jobs,” Ms. McDaniel said. “We’re doing exactly what we were told to do, & it doesn’t work.”… https://t.co/fL9tQm373F
Recap: it’s Joe Biden’s fault. “Why It’s So Expensive to Live in Phoenix” Arizona is a presidential election battleground state, and a dire shortage of affordable housing there is sowing economic anxiety among voters. https://t.co/alMDQoG9cL
"The impossible arithmetic of housing is a potent source of economic anxiety in Phoenix, and in many major American cities — a reality that could influence control of the White House." https://t.co/tuiEazSI6D
Housing experts say Wall Street-backed companies and hedge funds, who now own more than 13,000 homes in Clark County, drive up property prices and leave tenants vulnerable to profit-maximizing rent hikes. STORY: https://t.co/zbcdpSDlBc https://t.co/cQ968YO8ff